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Chinese prosecutors to crack down on 'pseudo-innovation' in NFT market
17.5.2023
According to public prosecutor, marketing models such as rewards and dynamic rights and interests can easily evolve into illegal pyramid schemes
Former Bitcoin Core Developer Says NFT Market Is ‘Pleasantly Down to Earth’ Again
11.4.2023
Jeff Garzik says now that the crypto asset sector has weathered through the hype, higher quality projects are likely to continue developing
NFT Marketplace Looksrare Launches Version 2, Cutting Protocol Fees by 75% and Introducing Bulk Purchases
9.4.2023
Looksrare, the non-fungible token (NFT) marketplace, has launched version two, also known as v2, which reduces protocol fees by 75%. According to statistics from Dune Analytics, Looksrare was the tenth-largest NFT marketplace in terms of trader count during the past week. NFT Market Protocol...
Amazon NFT Market to feature Pudgy Penguins & Beeple
3.4.2023
Amazon recently announced the launch of its upcoming NFT marketplace that will be hosted on the private blockchain. However, it has not ruled out the possibility of any compatibility with several other blockchains in the future. The NFT or non-fungible token marketplace is most likely to explore...
Trump Cards Jump Amid Indictment, Strong Quarter for NFT Market
2.4.2023
Sales of Donald Trump’s digital collectibles surged following the news of his indictment in New York on Thursday. Meanwhile, a report revealed that the market for non-fungible tokens (NFTs) has seen its strongest quarter since early last year, reaching a trading volume of $4.7 billion...
NFT Sales Drop 5.4% to $193M, Ethereum Dominates with $107M in Sales: Weekly Recap
25.3.2023
Over the past week, statistics show non-fungible token (NFT) sales totaled $193.08 million, down 5.44% from the previous week. Ethereum dominated NFT sales with more than $107 million or 55% of all sales, while Solana-centric NFT sales recorded $26.3 million or 13% of sales in the same period....
Galaxy Digital Report Predicts Bitcoin NFT Market Could Reach $4.5 Billion by 2025
4.3.2023
As the number of Bitcoin-based Ordinal inscriptions nears the 300,000 mark, Galaxy Digital’s research team published a report on the subject that says the market size of non-fungible tokens (NFTs) built on Bitcoin could reach $4.5 billion over the next two years. The researchers at Galaxy...
Galaxy tips Bitcoin NFT market to hit $4.5B by 2025
4.3.2023
Galaxy’s estimation was based on the rapid uptick of interest in Bitcoin NFTs, currency market infrastructure, and the potential to take some market-share away from Ethereum
Tokenizing the Titanic: New Partnership Brings Real Artifacts from Wreckage to NFT Market
23.2.2023
Physical artifacts retrieved from the wreckage of the Titanic are set to be tokenized as NFTs and shared with the world through a new, three-way partnership.
The collaboration involves RMS Titanic (RMST), which holds exclusive salvage rights over the wreck and the wreck site of the Titanic, Hong...
Friendsies NFT creators deny 'abandoning' project amid rug pull allegations
22.2.2023
The Friendsies NFT collection responded to accusations it was behind a $5 million rug pull after announcing a “pause” of the project
NFEX Raises $3M Seed Round to Build NFT Derivatives DEX
15.2.2023
PRESS RELEASE. NFEX has completed a $3 Million seed round led by ABCDE Capital and included investment from other well-known institutions including Amber Group and Firestone Ventures. NFEX strives to build the best derivative NFT market, creating new opportunities to attract greater liquidity...
NFT Marketplace Blur Launches Native Token, BLUR Price Drops 85% in a Matter of Hours
14.2.2023
The Blur non-fungible token (NFT) marketplace launched its native token this week, and users who were awarded token allotments received “care packages.” Blur tokens began trading at noon on Feb. 14, reaching a high of $5.02 per token. However, the coin has since dropped more than...
NFT Market Share Battle Ramps Up Between OpenSea and Blur
7.2.2023
A side-by-side comparison between the two NFT marketplaces suggests that while Blur has seen rapid growth in NFT volumes, it is still lacking behind OpenSea in terms of number of sales and interacting wallets
NFT Market Remains Resilient With 1.23% Increase in Sales, Ethereum Dominates With 81% of Total NFT Settlements
5.2.2023
Non-fungible token (NFT) sales rose slightly last week, increasing 1.23% to $232.49 million in recorded sales. The top two NFT collections, Otherdeed and Doodles, saw growth of 44% to 58% compared to the previous week. Ethereum continues to dominate the NFT industry, accounting for more than 81%...
FIO Protocol Launches NFT Domains Wrapped on Polygon
2.2.2023
PRESS RELEASE. FIO Protocol, the leading decentralized solution for global blockchain usability, has announced the launch of FIO Domain wrapping on the Polygon blockchain. Wrapping is the process of taking a token from one blockchain and making it available for use on another. This launch moves...
Amazon to Enter the Crypto NFT Market with Gaming Initiative – Here’s What You Need to Know
27.1.2023
Amazon reportedly aims to dabble into NFTs and Web3 gaming with an upcoming initiative related to digital assets.
The world’s largest retailer is planning to launch a “digital assets enterprise” focused on non-fungible tokens and Web3 gaming this spring, Blockworks reported Thursday, citing four...
Ethereum NFT market witnesses a bullish trend
25.1.2023
The market for Ethereum non-fungible tokens (NFT) is currently seeing an unwavering bullish trend. Recently, there has seemed to be a lot more activity, which clarifies that things are much better than previously thought. With a closing value of more than $231 million, the weekly trading volume...
NFT Market Sales Climb 16% Higher; 43.48% Increase in Buyers in Third Week of 2023
22.1.2023
Closing out the third week of January 2023, non-fungible token (NFT) assets saw a 16.39% increase in overall sales. 320,580 buyers participated in the NFT market action this past week, an increase of 43.48% compared to the week prior. $256.69 million in NFT sales were recorded over the last seven...
Rarible Launches Zero Fee Polygon NFT Marketplace Builder
20.1.2023
Popular NFT marketplace and protocol Rarible launched its NFT marketplace builder for Polygon-based NFT collections on January 18. Any Polygon-based NFT collection will be able to use the new self-serve tool to build their own customized marketplaces for free to connect with their...
Report: Fanatics to Sell 60% of Candy Digital Stake Amid Struggling NFT Market
6.1.2023
Fanatics, the retailer specializing in licensed sports merchandise, is divesting 60% of its stake in the non-fungible token (NFT) company Candy Digital, according to reports. The company is selling its Candy Digital stake to an investor group associated with billionaire Mike Novogratz and his firm...